1. Title & Auction
* Authority: Greater Mohali Area Development Authority
* Land Type: Freehold
* Ownership: Legally held by the Firm as per official records
* Encumbrance: Nil – free from all charges, liens, and litigation
* Documentation:
* Auction Notice, Allotment & Confirmation Letters
2. Land Use & Zoning
* Approved Use: Hotel / Hospitality with 25% commercial approved (pre-approved by GMADA)
* Zoning: As per Master Plan
* Development Norms: Governed by GMADA bylaws & approved layout
* Compliance: Fully aligned with applicable GMADA regulations
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3. FAR & Development Potential
* Permissible FAR: As per GMADA norms (~1.76 lakh sq. ft. indicative)
* Additional FAR: unlimited Subject to payments as GMADA policy
* FAR Treatment: Basement, parking & service floors excluded, 03 service floors allowed.
* Height Clearance: Subject to NOC from Airports Authority of India (if applicable)
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4. Approvals & Legal Status
* Environmental Clearance: Not applicable as per Auction and allotment letter as it is sanctioned approved site as per Master plan (subject to project scale)
* Statutory Approvals: Fire, Pollution, etc. at project stage
* Litigation: None
* Government Claims: None – land is clear and undisputed
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5. Transaction & Development
* Registry: Immediate upon agreed payment terms
* Possession: Post receipt of 25% payment + premium
* Development Rights: Construction permitted as per GMADA schedule
* Lock-in: No lock-in.
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6. Valuation
* Based on GMADA auction (March 2026)
* Reserve price, final bid & comparables to be shared during meeting
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Positioning Insight (for investors)
* Plug-and-play hospitality land with zero land-use risk
* Located in a high-growth Chandigarh–Mohali corridor near international Airport (7 mins)
* corner site (3 side open).
* Suitable for luxury / upper-upscale hotel development or branded residences
110 cr 